Bergman & Beving AB (FRA:BLRB)

Q2 2026 Bergman & Beving AB Earnings Call Transcript

Oct 22, 2025 / 07:00 AM GMT

Release Date Price: €28.35 (+2.16%)

Transcript

Key Points

Positve

Bergman & Beving AB (FRA:BLRB) reported an 11% increase in EBITDA, marking 23 consecutive quarters of improved profits.
The company improved its profit margins from 10.5% to 11.8% by divesting low-margin businesses and acquiring high-margin companies.
Earnings per share adjusted improved from 8.3 to 7.5, indicating a positive trend despite market challenges.
The company successfully executed strategic divestments and acquisitions, including two acquisitions during the quarter with annual sales of 170 million SEK.
Bergman & Beving AB (FRA:BLRB) maintained a strong acquisition pipeline, acquiring companies with EBITDA margins above 15% and profitable working capital above 45%.

Negative

The company faced a sluggish market with no significant recovery in the construction and industry sectors in the Nordics.
There was an organic decline of 4% in the top-line, reflecting the challenging market conditions.
The industrial equipment division experienced a tough quarter with declining revenue and EBITDA margins.
The company acknowledged that it would not reach its 500 million SEK EBIT target this fiscal year due to divestments.
Bergman & Beving AB (FRA:BLRB) faced challenges in maintaining inventory levels, with a reduction influenced by divestments and organic reductions.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BERGb.ST - Bergman & Beving AB
Q2 2026 Bergman & Beving AB Earnings Call
Oct 22, 2025 / 07:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning, everyone. This is Magnuellin here, and on my side here, I have Peter Sch. Good morning. So, we will today present the latest financial report for the quarter ending September 30th.

And As a starter, if we look at the market condition we have been facing this quarter, I will label it as we don't see any pickup in the construction nor the industry sector in the Nordics during the last month there. It hasn't gone worse, but it hasn't gone better.

We have some positive submarket that has, showed some increased demand, but also we have some specific segment that still is struggling quite a lot.

But despite this, we have been able to increase the earnings, the profitability, the earnings per

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.